Cost of Living in Pine Manor, FL

With a cost of living index of 93, Pine Manor, FL is slightly more affordable than average. Living here is 7% cheaper than the national average and 17% below the Florida state average of 110. Pine Manor is a small community of 3,929 residents.

Housing costs are the biggest factor in Pine Manor's cost of living. The median monthly rent is $1,143 (13% below the US median of $1,319), and the median home value sits at $270,600 (11% below the national median of $304,900). At current prices, the median home costs roughly 5.9x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Pine Manor is $45,610, which is 39% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Pine Manor. The area sees an average annual temperature of 75.4°F, with summers averaging 83°F and winters around 66°F. Annual rainfall totals 57.4 inches spread over roughly 116 days.

Everyday prices in the Cape Coral-Fort Myers, FL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.